Hello everyone I am also new and was wanting to know if I could get a mortgage loan with a credit score in the upper 500s I'm self-employed first time buyer does anyone know if I would qualify I would rather do L/O t...
Hello,I recently sold a property in SoCal and I am looking to use the funds for a 1031 exchange. I used to have a credit score in the 760s but I bought a distressed property and used credit cards to rehab it, causing ...
So I was just wondering others thoughts on utilizing a credit card I am able to get with good credit that has an 8-9% interest rate? Thinking of utilizing it for short term fix and flips so I won't be hanging on to th...
When screening potential tenants, do you consider low credit scores a dealbreaker? It's obviously a heightened risk, but how much riskier? Do you find that most with low scores tend to be more risk than they're worth?...
I have a minimum credit score requirement of 650 of all applicants, 2.5x monthly rent in documented income and positive background checks. If they don't have this score do any of you charge a higher Security Deposit ...
Do these exist? How can I find them?
Hello All,I would like your advise on renting a property to prospective tenants with low credit history. I'm trying to rent a SFH in Austin for prospective tenants with low credit history (600 and below). Their income...
How does one find a non QM lender to lend on portfolio w a sub 600 score?I've reached most people on the resources list and they aren't able to lend at 70% LTVThanks for any pointers
Any experts here on LIHTC? Looking at a possible rehab of affordable housing in Indiana. The deal works without LIHTC, but would sing with it. Between acquisition and rehab, looking at about $9m of qualified expenses....
Hello!I am new here and already loving the collaboration. I recently applied for an investment property and it was declined from lenders because of low credit score. rocket mortgage was asking for above 680. Any advic...